This is a small community in a single neighborhood.
As throughout the site, some neighborhood-level data are reserved for subscribers.
What do we mean by a neighborhood?
NeighborhoodScout® uses the official government designation for neighborhoods - the census tract.
Census tracts are small, relatively permanent subdivisions of a county that are defined by the U.S. Census Bureau in conjunction with local authorities all across the country to define real neighborhoods that are bounded to contain areas with homogeneous population characteristics (including economic status, lifestyle, and living conditions). Census tracts usually have 4,000 persons, but can range between 1,500 and 8,000 persons. This is the most fine-grained area for which detailed information is made available from the government, to protect the individual privacy of each of us. Because census tracts are based on population, they vary in size depending on the density of settlement. In urban areas, they are small, and in rural areas they can cover an entire small town or even a few small towns in very rural areas.
Since census tracts are subdivisions of a county, we did a spatial overlay of the census tracts onto city and town boundaries using a geographic information system to properly assign each census tract to its appropriate city or town. Then we named each census tract to the local colloquially recognized neighborhood name for that spot (e.g., Boston, MA (Dorchester). If there was not a name available, we named the census tract by the largest street intersection in the census tract (e.g., Worcester, MA (Lincoln St/Plantation St)
Why we don't use Zip Codes as neighborhoods
Zip codes were developed by the Postal Service for the purpose of delivering mail, but were never intended to define coherent neighborhoods. In addition, Zip Codes can have as many as 10 distinctly different census tracts contained within them. When distinct census tracts are blended together in a single Zip Code, the data reflects their average conditions and often gives a false sense of the area. The result is that potentially great matching neighborhoods can be missed, and erroneous matches can also be produced and delivered to you.
Using census tracts makes great matches possible, and helps people find the areas that are best for them and their families. Because we are committed to providing the highest possible quality and finding the neighborhoods that best meet your criteria, we use census tracts. And, as always, we show you the actual street map of the neighborhood so you know exactly where your best matching neighborhood is located.
What is a Condition Alert?
A condition alert is a condition in the neighborhood that triggers an alert. NeighborhoodScout contains condition alerts to highlight conditions that are extreme, whether good or bad. This helps answer crucial questions about the state of the neighborhood being evaluated, such as:
What are the risks of violent crime here?
Is the risk of home break-ins or other property crimes increasing?
Does real estate here hold its value?
Are the trends in local vacancies or unemployment concerning?
...and dozens more.
Information at a glance that you need to know to invest, appraise or finance a property.
Waverly is a tiny town located in the state of Florida. With a population of 661 people and just one neighborhood, Waverly is the 454th largest community in Florida.
Occupations and Workforce
Waverly is a decidedly white-collar town, with fully 100.00% of the workforce employed in white-collar jobs, well above the national average. Overall, Waverly is a town of managers, sales and office workers, and transportation and shipping workers. There are especially a lot of people living in Waverly who work in management occupations (100.00%), office and administrative support (0.00%), and sales jobs (0.00%).
Setting & Lifestyle
The town is relatively quiet, having a combination of lower population density and few of those groups of people who have a tendency to be noisy. For example, Waverly has relatively fewer families with younger children, and/or college students. Combined, this makes Waverly a pretty quiet place to live overall. If you like quiet, you will probably enjoy it here.
In Waverly, however, the average commute to work is quite long. On average, people spend 35.02 minutes each day getting to work, which is significantly higher than the national average.
Waverly is very much a car-oriented town. This is because the population of Waverly isn't large enough or dense enough to support an extensive public transit system. It has a lot of rural roads, and the distance between houses can be quite large, which together tends to discourage walking and bicycling to work. 100.00% of residents commute to work in their own car (and the drive is typically to a job out of town). People also tend to drive out of town for other services as well, such as shopping, doctors appointments, and more.
As is often the case in a small town, Waverly doesn't have a public transportation system that people use for their commute.
Demographics
Waverly ranks among the bottom of the nation in terms of college education compared to other cities and towns: only 0.00% of people over 25 have a college degree.
The per capita income in Waverly in 2018 was $63,608, which is wealthy relative to Florida and the nation. This equates to an annual income of $254,432 for a family of four. However, Waverly contains both very wealthy and poor people as well.
Waverly is an extremely ethnically-diverse town. The people who call Waverly home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Waverly residents report their race to be Black or African-American, followed by White. Important ancestries of people in Waverly include English, Yugoslavian, Other West Indian, West Indian, and U.S. Virgin Islander.
The most common language spoken in Waverly is English. Other important languages spoken here include Italian and Langs. of India.
Notable & Unique Neighborhood Characteristics
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Waverly, the neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Real Estate
The real estate in this neighborhood consists of more mobile homes than 95.2% of all neighborhoods in America, with 30.7% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.
Diversity
Did you know that the neighborhood has more Puerto Rican and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 16.8% of this neighborhood's residents have Puerto Rican ancestry and 2.4% have Eastern European ancestry.
The Neighbors
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the neighborhood in Waverly are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 77.3% of U.S. neighborhoods. With 17.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 63.9% of U.S. neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the neighborhood, 39.1% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 22.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (21.2%), and 15.2% in manufacturing and laborer occupations.
Languages
The most common language spoken in the neighborhood is English, spoken by 76.5% of households. Some people also speak Spanish (20.8%).
Ethnicity / Ancestry
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the neighborhood in Waverly, FL, residents most commonly identify their ethnicity or ancestry as English (18.5%). There are also a number of people of Puerto Rican ancestry (16.8%), and residents who report German roots (7.2%), and some of the residents are also of Mexican ancestry (6.5%), along with some Irish ancestry residents (6.4%), among others.
Getting to Work
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in neighborhood spend between 15 and 30 minutes commuting one-way to work (29.4% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (87.8%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (6.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
SCOUT’s patented match algorithm identifies the most similar neighborhoods to a subject location, and quantifies the similarity to the subject location. This allows analysts to identify the most similar neighborhoods in a local market area for appraisals, investments, and research.
The algorithm uses 273 neighborhood conditions, identifies the dominant dimensions underlying the conditions and calculates the similarity. This captures the true culture and character of locations, economic conditions, and trends.
The closer to 100% means the locations are nearly identical. 80% is a very good, but not excellent match, and so forth.
